Dangote Group has dismissed reports claiming that it has fixed the petrol price from its refinery at N600 per litre.
Anthony Chiejina, group chief branding and communications officer at Dangote Industries Limited, told TimesNow.com.ng that the quoted price was not from the refinery.
A statement was later released to clarify the claims of a N600 per litre price.
Punch reported that the Independent Petroleum Marketers Association of Nigeria (IPMAN) hoped the Dangote refinery could price petrol from the refinery at N600 per litre.
The marketers said they believe that the 650,000-capacity refinery would crash the price of petrol like it with diesel.
In a statement signed by Chijena, Dangote Group refuted the price circulated by IPMAN, stressing that the association is not a business partner of the refinery and does not have the authority to speak on its behalf regarding pricing matters.
The statement reads:
The refinery has urged the public to disregard speculative announcements and rely on its official communication channels for accurate information.
The statement concluded:
TimesNow.com.ng earlier reported that the Dangote Refinery pushed back petrol production from the facility due to crude oil supply challenges.
The facility initially set August 11 and 12 as the dates for the beginning of petrol production.
Sources say the refinery expects to pump its first petrol into the Nigerian market at the end of August.
Source: TimesNow.com.ng
